Billionaire Profile

Global Rank

#93

Image: Autodaily.vn | CC BY 3.0 | via Wikimedia Commons

Pham Nhat Vuong

CEO, Diversified

VIETNAM

Real-Time Net Worth

$25.272B

Estimated based on Diversified stock value as of March 6, 2026

-4.6% (24h)

Age

Source

Diversified

Industry

Diversified

Citizenship

VIETNAM

Biography

Pham Nhat Vuong, born in Hanoi, Vietnam, is a highly successful and influential entrepreneur, and Vietnam's first billionaire. He is the founder and chairman of Vingroup, a massive conglomerate with diverse interests. Vuong's wealth source is diversified, originating from his early ventures in Ukraine with an instant noodle business and later transitioning to real estate, tourism, healthcare, education, and technology within Vietnam. With a net worth of $22.6 billion as of February 2024, Vuong has significantly impacted Vietnam's economy and business landscape. His career showcases a blend of business acumen, innovation, and a commitment to improving the lives of Vietnamese people, earning him recognition both locally and internationally.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

Vingroup

In-Depth Profile

Early Life

Pham Nhat Vuong was born in Hanoi, North Vietnam, on August 5, 1968. He graduated from Kim Lien High School in 1985. In 1987, he began studying geology at the Moscow Geological Prospecting Institute in Russia and graduated in 1992.

Rise to Success

Pham Nhat Vuong's entrepreneurial journey started in the 1990s with an instant noodle restaurant business in Ukraine. In 1993, he founded Technocom, which became a leading manufacturer of dehydrated culinary products in Ukraine. In 2009, he sold Technocom to Nestlé for $150 million. He then returned to Vietnam and developed Vinpearl Resort Nha Trang in 2003 and Vincom City Towers in 2004.

Key Business Strategies

Pham Nhat Vuong founded Vingroup, which expanded into various sectors, including real estate, retail, healthcare, education, and technology. Vingroup's significant units comprise the electric vehicle maker VinFast, property developer Vinhomes, and the hotel chain Vinpearl. VinFast has become Vietnam's largest EV maker by market share, and in 2023, he took VinFast public through a SPAC listing on Nasdaq. Vinpearl went public on the Ho Chi Minh Stock Exchange in May 2025.

Philanthropy

Pham Nhat Vuong has a commitment to philanthropy. He has turned some investments into non-profit ventures, including some in healthcare, education, and sports. In 2020, Vuong and his wife co-founded the VinFuture Foundation and VinFuture Prize for science and technological innovation.

Career Milestones

1993

Founded Technocom

Established a successful instant noodle and food product company in Ukraine.

2003

Opened Vinpearl Resort Nha Trang

Initiated his venture into the tourism and real estate sectors in Vietnam.

2007

Founded Vingroup

Merged Vinpearl and Vincom to create Vingroup, a major Vietnamese conglomerate.

2013

First Vietnamese Billionaire on Forbes

Became the first Vietnamese person to be included in Forbes' Billionaires list.

2023

VinFast Public Listing

Took VinFast public through a SPAC listing on Nasdaq.

2024

MotorTrend Recognition

Named one of the 50 most influential figures in the global automotive industry.

Philanthropy & Social Impact

Science and Technology

VinFuture Foundation and Prize

$4.5B

Supports breakthrough science and technology research.

Business Philosophy & Leadership

Notable Quotes

"I don't care how much money I make. I want to build things that make life beautiful."

Leadership Principles

Visionary Leadership

A clear focus on innovation, quality of life, and building a better Vietnam.

Diversification

Expanding into various sectors such as real estate, tourism, healthcare, education, and technology.

Strategic Partnerships

Collaborations with global partners to support business growth and expansion.

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